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Define Condemnation in Real Estate

Condemnation: 

"Condemnation" is when the government uses "eminent domain" to take private property for public use. This means the owner is forced to sell the property, even if they don't want to. For example, if the government needs to build a new road, they might condemn the land and take it from the owner. They can take the land, but they have to pay the owner a fair amount of money for it.

Example: 

Let's say the government wants to build a new highway, but the only way to do it is to go through a neighborhood. The government would have to condemn some of the houses in that neighborhood and pay the owners fair compensation for the loss of their property. The government would then use the land to build the highway.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

Oh the government needs some land,
For a school or road so grand.
But the land they need is not their own,
So they take it, but they're not alone.

For condemnation is the way,
The government must always pay.
They take the land, but give some cash,
To compensate and avoid a clash.

So when the government needs your plot,
And you're feeling like you're caught,
Remember that they'll pay you fair,
And find new land without a care.